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's going, this expansion will continue. china very the third-largest market for american goods after canada and mexico china has overtaken japan. so these are just incredible. and... incredible developments. >> rose: how many countries is china the largest market for? for example, i think china is the largest market for brazil, right? >> yes, yes. >> rose: a number of countries like that. >> that's right. >> rose: who've bj become a huge market. and the faster you can grow your middle-class-- which is the reason you put such an emphasis on economic growth-- the faster you can grow into the middle-class, the more demand you create, the more you will add to the market and it's... chinese leadership's attitude, it will provide a place that chinese companies can sell to beyond their dependence on foreign markets. >> yes. and if i may say so it's estimated they're about 300 million people who are becoming middle-class. it's a huge group of middle-class people. >> it's the largest move out of poverty on the part of any experience in the history of civilization. >> that's right. and china is going
the company's imports from canada. the pipeline is a primary supplier of crude oil from western united states into the canada. they expect "significant impact" on oil producers and refiners. it rose 3% to $76.45 a barrel in new york trading. >> tom: politics can make investors nervous, but not tonight's "market monitor." robert drach is the publisher of the "drach weekly research report." and he's is back with here on "nightly business report." >> good to see you, tom. >> tom: ahead of the november elections, you say you're absolutely bullish about stocks. why is that? >> if there was any time you didn't have to worry about the market than elections, this is it. historically, if the legislative and executive branches offset, which looks like is going to happen. >> tom: different parties. >> yeah. they offset, it is invariably strong for stocks. one group with a lot of the political cronyism, and special if you have another things. >> tom: like what? >> the most accommodated fed in history, and the cash reserves are the largest in history. >> tom: in terms of the corporate cash -- >> right. yo
, he is still free pending an appeal. the cleanup is underway in canada where hurricane igor has brought flooding to some areas that are 20 centimeters of rain in a few hours. a tropical storm warning was lifted on wednesday and igor was downgraded to a post-tropical storm. the sense of crisis surrounding the commonwealth games seems to be deepening, despite official reassurances. the president has requested a meeting. five national teams have complained about the accommodations in delhi. the scottish party has delayed its arrival. >> images of games to remember, it may have to be canceled. 11 days ago and teams have not even figured out how to agree to compete. the cleanup operation is under way following the collapse of a foot bridge along the main stadium. the tarnished reputation of the game will be harder to repair. lurking from one problem to the not -- to the other. >> we will see to it that commonwealth games are conducted according to international standards as we have come to participate in these games. quite happy about these emissions. >> the scottish games have alrea
, immigration is a top of the agenda at a meeting of the european ministers in paris, canada and the u.s. also represented. now people in romania are voicing their anchor. -- anger. >> he did not have the luxury of a horse in france, but after six years he had a steady income, gathering scrap metal on a hand- held cards. the french police gave him a bleak choice, leave or be expelled. now he is determined to return. >> many of the roma are expelled from france and come from villages like this one on the far west edge of romania. for years, france has represented a lifeline for the poorest of the port, and that is not a life and they're willing to relinquish easily. >> party has deep roots. many people cannot read and write -- poverty has deep roots. people cannot read and write and have no proof of the land that they own. >> france and other countries have to stop this kind of action against ethnic groups of ramat in europe. -- rama in europe. rahm i have not experienced this kind of action in europe from the time of the holocaust. >> their patient, skilled in survival. when the wind blows ag
boomtown of shenzhen. he worked and studied in canada and the u.s. now in his late 30s, he was building a hotel. >> i need to have something tangible, something we can build year by year, a steady business. we feel if we can provide high- quality service with four-star facilities, we shouldn't have any problem getting business. i actually have no experience of running a hotel. from the start, when i knew nothing, to now, i've had to deal with every single detail. we've hired about ten people. and they're all crazy busy. it's very stressful. >> narrator: on top of his job, weimin had new responsibilities: taking care of his parents. >> ( translated ): a little over a month ago, my mom had a stroke. she was a manager at her old factory, but the factory was privatized. so she lost her insurance. that's very common in china these days. >> ( translated ): so it's the kids, in this case, my sister and i, who have to shoulder the cost. so far we have spent almost $6,000. but the thing is, there'll be a lot more to come. because the biggest problem is we have no idea when she'll get better, and
silver and gold. it started in canada. this is a big picture play. i think gold is going. if we get a pullback in october in gold, i would buy that. >> tom: in 20 second, you like i.a.u., one of the gold e.t.f.s that hold the precious metal. do you trade it or hold on to it? >> it could be both. what i like, versus the g.l.d., which so many people talk about, which is $120 stock, this mirrors the price of gold and the $12 stock. it is something the average investor can buy, and still buying quality and don't have to commit as much capital. >> tom: how about disclosures for what we mentioned here tonight? >> i own and trade all of them. >> tom: it is mark leibovit, chief market strategist at >> tom: that's "nightly business report" for friday, september 24. i'm tom hudson. goodnight everyone and have a great weekend. you too, susie. >> susie: good night tom. i'm susie gharib have a good weekend everyone. we hope to see all of you again monday night. "nightly business report" is made possible by: this program was made possible by contributions to your pbs station from viewers like you
values , modern values. look at the u.k. commonwealth from canada to subcontinent, u.k. is having good relationship. turkey is also the kind of political advantages we have been using this... i think this should be seen quite normally. france, spain. spain's relation to latin america, very special agreement. >> rose: so you're saying that the relationship you can have with the cross section of people within the islamic community and otherwise? president assad in an interview with me that was widely e quoted when i asked "what is your fear?" and he said "making sure syria remains a secular state." do you have that fear at all about you are the economy? >> there's not any question, any debate on if turkey should be secular or not secular. there's a consensus on this use it's not a question that turkish not be a secular state. secularism means the fundamental part of the constitution. no one wants to change this. religious freedom for all the religion is different. but state and religion should be separated if they are unhappy with this. >> rose: what, then, worries you the most about the
in a third country. they apply at the u.n. refuse awe gee agency. the u.s., australia, canada and europe are top destinations although the economic slowdown has limited job prospects for newcomers. about 20,000 refugees were resettled last year. for most the wait can take years. iraq's religious minorities, mostly christians, and female- headed households receive priority. at the other end in a seemingly indefinite limbo are young men. they struggle on the margins in amman. this man pays his rent by fixing computers. he started a website to bring young iraqi exiles together and to help them navigate the asylum process. >> it's the most miserable situation for the young iraqis here in jordan. usually they can't find work here. there's not even work for jordanian nationals let alone young men who come here as refugees. you can't get a work permit. if you want to get a job it will be illegal. you could submit yourself to forced deportation if they find out. >> reporter: aide workers worry about the emerging generation. many have seen their education disrupted, further handicapping them in a
south america and north america -- canada, mexico and the u.s. >> charlie: organization of american states. >> uniso should not replace the organization of american states. you are americans and we too are americans. >> charlie: do you worry about mexico as a failed state? >> i have a lot of trust in mexico. >> charlie: in the capacity to deal with this level of violence from non-state -- level of violence from non-state actors? >> when they decided to start this huge war against drugs, and always that war is very painful and costs a lot of lives, but i hope that at the end of the day they will succeed, because otherwise, if you don't, i think that terrorism and narcotraffic are very cruel and powerful enemies, and you have to fight them with all the instruments of your democratic system and your state of law. >> charlie: fed by two things. both demand and supply. >> yes, and they have -- they have -- the united states right on the borders, and the main demand for drugs comes from the u.s. so that's another problem. >> charlie: that's our problem to deal with. >> it's your problem a
Search Results 0 to 9 of about 10 (some duplicates have been removed)